PRECIOUS METALS HIGHLIGHTS : Top Stories Of The Day
06/18/2012| 11:14am US/Eastern
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TOP STORIES:
Anglo American 'Confident' Will Reverse Court Action vs. Brazil Iron Project This Month
RIO DE JANEIRO--Global miner Anglo American plc (AAL.LN) said Sunday it is "confident" it will this month overturn court action that is "partially affecting" the construction of its Minas Rio iron-ore project in Brazil.
STORIES OF INTEREST:
S Africa Seeks To Keep Platinum Mines Going As Prices And Demand Fall
South Africa's department of mines will hold a series of meetings with platinum producers and unions to discuss a plan to protect the industry from weak demand and prices, the department said Monday.
MARKETS:
PRECIOUS METALS: Spot Gold Lower; Showing Risk-averse Signals
Spot gold is lower in Europe Monday, showing early signs of regaining its traditional risk-averse role following an initially well-received Greek election result, although its outlook still hinges on how investors react to a series of policymaker meetings this week.
By Simon Varcoe, Dow Jones Newswires; 4420-7842-9449; simon.varcoe@dowjones.com
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